Merry Christmas and Happy New Year everyone!
There are so many systems and so many questions in the MQL market.
In MT5 or MT4 we can test the last 3-15 years.
It is extremely difficult to do this in MT4, but perhaps I wrote about it here
Therefore, many people use MT5 as their main trading platform (including me)
With MT5 you can always get free quotes directly from your broker .
Using TickDataSuite you can transfer these quotes to MT4, I wrote about it here
After verification, you always receive a test report, for example, in MT5.
Most of the systems we use in MT5 are multi-currency.
Such systems are able to simultaneously trade with different currency pairs at the same time.
Unfortunately, the report in MT5 does not allow splitting the report by currency pairs or by days of the week.
Also, the report in MT5 does not show profit for each month and for each year.
These are general indicators that indirectly allow you to evaluate the system.
QuantAnalyzer calls
You can download such a report and very carefully check each currency pair individually and how they work together.
You can download multiple reports for different systems with the same run time and summarize these reports together.
This is very relevant for FTMO accounts that use several trading systems together in their portfolio.
Each system separately can have a low drawdown, but in total the drawdown is combined and can reach a maximum value.
This is why it is so important for FTMO accounts to have systems that accurately trade at different times.
For example, Venzo EA trades from 01:00 to 19:00
Eve EA trades from 19:00 to 23:00
DIVO EA trades from 23:00 to 01:00
Thus, all three systems simultaneously cover all free time for trading
This allows you to make a profit almost all the time and have a low drawdown.
Consider QuantAnalyzer on the example of Venzo MT5
To do this, let's start testing on real quotes for Venzo
We upload such a report for EURUSD to QuantAnaluyzer
Thus, this report displays indicators such as Maximum drawdown, ProfitFactor, win percentage, etc.
You can select EquityChart to see how the account balance changed, when the maximum drawdown appeared and how much
You can also open a detailed analysis, which displays additional information
Venzo EA trades EURUSD and USDJPY
You can also add a report for USDJPY to this analysis to get a portfolio with two reports
To do this, additionally also download a separate report for USDJPY
Specify both reports together and click the CreatePortfolio button
Thus, it will allow you to combine the reports together and get the overall result.
Now we can divide the general report by hours and days of the week in order to choose, for example, the best time to trade.
The market at different times can be both calm and have huge movements.
Therefore, for almost all systems, the operating time is different.
